The First National Bank of St. Ignace
St. Ignace, MI
IDRSSD: 381950
Total Assets
$343.70M
Latest filing
Total Deposits
$323.98M
Latest filing
Net Interest Margin
2.59%
Profitability
Key People
Loading leadership data...
Locations
Main office and branches. Select to view on the map.
Main Office
The First National Bank of St. Ignace
132 N State St
St. Ignace, MI 49781
Full Service - Brick and Mortar
Updated 01/30/2026Established 05/17/1888FDIC Certificate 3388
Branches (6)
Page 1 of 1| Name | Address | City / State |
|---|---|---|
| The First National Bank of St. Ignace (Main) | 132 N State St | St. Ignace, MI |
| CEDARVILLE BRANCH | 192 South Meridian Street | Cedarville, MI |
| MACKINAC ISLAND BRANCH | 7399 Market St | Mackinac Island, MI |
| WEST MACKINAC BRANCH | W11635 Us Highway 2 | Naubinway, MI |
| NORTH BAY BRANCH | 580 N State St | St. Ignace, MI |
| NEWBERRY BRANCH | 1014 Newberry Ave | Newberry, MI |
| MORAN TOWNSHIP BRANCH | 920 Us Highway 2 W | Saint Ignace, MI |
Showing 6 of 6
Quarterly Trends
Tooltip shows Quarter only. Download buttons export the chart only (CSV/PNG with white background).
Total Assets vs Total Liabilities
Loans & Leases vs Deposits
Interest Income vs Expense
Net Interest Income
Noninterest Expense vs Income
Net Income
Similar banks
Upper Peninsula State Bank
Escanaba, Michigan
→
Assets: $356.77MΔ -2.2%
Union Bank
Grand Rapids, Michigan
→
Assets: $380.03MΔ +4.2%
The Shelby State Bank
Shelby, Michigan
→
Assets: $385.80MΔ +5.8%
Huron Community Bank
East Tawas, Michigan
→
Assets: $337.00MΔ -7.6%
Alden State Bank
Alden, Michigan
→
Assets: $335.35MΔ -8.1%
Chelsea State Bank
Chelsea, Michigan
→
Assets: $414.33MΔ +13.6%
Institution Profile
| Institution Class | Commercial bank, national (federal) charter, Fed member, and supervised by the OCC |
| Primary Regulator | OCC |
| Established Date | 05/17/1888 |
| Community Bank | Yes |
| Ownership Type | Not Mutual |
| ZIP | 49781 |
| State and County Number | 26097 |
| Subchapter S Corporations | No |
| Trust Powers | N/A |
| Federal Reserve ID Number | 09 |
| Numeric code | 3 |
| Insured by FDIC | Institutions that are currently open and insured by the FDIC |
| Federal Reserve District | Chicago |
| Core Based Statistical Area Name | N/A |
Operational Info
| Number of Employees | 57 |
| Domestic Offices | 7 |
| Foreign Offices | 0 |
| US Offices | 0 |
| Directly owned by another bank (CERT) | No |
| Last Structure Change Effective Date | 10/09/2022 |
| Date of Deposit Insurance | 01/01/1934 |
| Primary Insurance Agency | DIF |
| Website | www.fnbsi.com |
| Data Updated | 01/30/2026 |
| CERT | 5074 |
| Office of The Comptroller District: | — |
| Office of Thrift Supervision Region | N/A |
Financial Summary
| Total Assets | $343.70M |
| Total Deposits | $323.98M |
| Total Liabilities | $325.65M |
| Total Equity Capital | $18.04M |
| Net Income | $-206,000 |
| Net Loans and Leases | $107.33M |
| Assets Per Employee ($Millions) | $6.03M |
| Bank Premises and Fixed Assets | $1.39M |
| Cash and Balances due from Depository Institutions | $56.09M |
| Deposits Held in Domestic Offices | $323.98M |
Key Performance Ratios
| Return on Assets (ROA) | -0.23% |
| Return on Equity (ROE) | -4.92% |
| Net Interest Margin | 2.59% |
| Efficiency Ratio | 77.96% |
| Tier 1 Risk-Based Capital Ratio | 16.008% |
| Net Loans and Leases to Core Deposits | 0% |
| Credit Loss Provision to Assets | 0% |
| Cash Dividends to Net Income (YTD Only) | 0% |
| Equity Capital to Assets | 5.25% |
| Earning Assets to total Assets | 92.89% |
Income and Expense
| Total Interest Income | $3.02M |
| Total Noninterest Income | $342.00k |
| Total Interest Expense | $880.00k |
| Total Noninterest Expense | $1.93M |
| Net Interest Income | $2.13M |
| Pre-tax Net Operating Income | $546.00k |
| Provision for Credit Losses | $0 |
| Discontinued Operations (Extraordinary Gains - Net) | $0 |
Additional Financial Info
| Goodwill and Other Intangibles | $0 |
| All Other Assets | — |
| Other Real Estate Owned | $0 |
| Other borrowed funds | $0 |
| Federal Funds Sold & Reverse Repurchase Agreement | $0 |
| Federal Funds Purchased and Repurchased Agreement | $0 |
| All Other Liabilities | $1.67M |
| Total Liabilities and Capital | $343.70M |
Securities
| Securities | $163.68M |
| Available-for-sale debt securities | $163.68M |
| Equity securities with readily determinable fair values not held for trading | — |
| Held-to-maturity securities | $0 |
| Subordinated Debt | $0 |
| Trading Account Assets | $0 |
| Trading Liabilities | $0 |
Frequently Asked Questions
What are the total assets of The First National Bank of St. Ignace?
$343.70M as of the latest filing.
How much are The First National Bank of St. Ignace's total deposits?
$323.98M in total deposits.
Where is The First National Bank of St. Ignace located?
St. Ignace, MI.
What is the Net Interest Margin?
2.59%.
How many domestic offices does it operate?
7.
When was it established?
05/17/1888.
What is the Return on Assets (ROA)?
-0.23%.
How much are total loans and leases?
$107.33M (latest filing).
What is the total interest income (latest filing)?
$3.02M.